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24 Determining markup percentage; target ROI: manufacturer LO 20.3 (S) Refer to the cost and production data for the Wave Darter in Exhibit 20.4 (C0.

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24 Determining markup percentage; target ROI: manufacturer LO 20.3 (S) Refer to the cost and production data for the Wave Darter in Exhibit 20.4 (C0. The target profit is $110 000 Required Use the general formula to calculate the required markup percentages for each of the following costplus formulas: 1. variable manufactuing cost 2. absorption cost

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